Cumulative Participation Account

Think long term and benefit from high profit shares and low tax advantage with a cumulative account!

The Cumulative Participation Account is a participation account for those who are interested in making long-term investments with small savings. You can make monthly and quarterly payments to this account, which can be opened for a minimum term of three years and a maximum of 10.

To open an account you need a minimum of 150 TRY, 100 USD, 100 Euro or 10 grams of gold.

After opening your account, you can make your payments through current account or credit card order.

You can update the order amounts.

The minimum amount you can deposit is 50 TRY/USD/Euro or 1 gram of gold.

A lump sum can be deposited upon opening the account.

You can skip payments a maximum of 5 times.

You can withdraw money 3 times or up to 50% of the capital before the end of the term.

If these conditions are violated, it is requested that the customer returns 50% of the gross profit shares received until then.

Account Types and Limits

Cumulative Participation Account Sharing Rates

Currency Type

Opening Balance - Minimum Balance

Sharing Rate (Minimum 3 Years, Maximum 10 Years)

TRY

150

%95-%5

USD-Euro

100

%90-%10

Gold

10

%85-%15

Cumulative Participation Account Withholding Rates

10% for Turkish Lira

13% for USD and Euro

15% for Gold

Profit Share Calculation

Participation

Investment

Amount

Term

Day

Month

Day
Month

Term
Month

* The average term for monthly participation accounts is calculated as 31 days.

* In investment accounts, principal amount can be withdrawn at the end of the year whereas dividends can be withdrawn at the end of the period.

* The profit share amount distributed as of 9/26/2017 is the calculated profit share.